Proving the Business Case for the Internet of Things

Smart Energy Newsletter Archives: August 2016

 
Exelon to invest $25bn in smart grid and infrastructure improvements

Exelon plans to invest $25bn in critical infrastructure, smart grid technology and other reliability and customer service improvements at its utilities over the next five years to benefit its ten million electric and gas customers.
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Bill Gates backs Varentec power grid start-up

Bill Gates has invested in six-year-old California company Varentec to help develop its grid edge control devices. The Series C funding round also brought in money from 3M Ventures and Khosla Ventures.
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Honeywell launches midstream natural gas measurement portfolio




Oil and gas technology supplier Honeywell has introduced a range of gas monitoring and measurement technologies aimed at helping midstream natural gas operators improve management and cut operating costs by up to 70 per cent.
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Singapore Power signs five partnerships to develop smart grid technology

Singapore Power’s Centre of Excellence hopes to raise S$10m through five partnerships driving research and development of next-generation energy network technologies.
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India-USA agreement to fund smart grid research

The US department of Energy (DoE) and the Indian Ministry of Science & Technology (MST) are each committing $1.5m per year for five years for joint research on smart grid and energy storage.
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Aclara buys Tollgrade to gain smart grid sensor portfolio

Smart utility infrastructure company Aclara Technologies has acquired the smart grid sensor business of Tollgrade Communications. The transaction includes the LightHouse distribution monitoring platform comprising sensors and sensor management software with predictive grid analytics.
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Energy management market set to soar by 2021

The energy management system market is expected to grow from US$32.41bn in 2016 to $76.75bn by 2021, at a CAGR of 18.8%, according to Markets & Markets.
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Bosch awards $1.7m grants for energy research to US universities

German technology company Bosch has awarded its third round of energy research grants, which total $1.7m, and sponsored 15 interns in the area of energy.
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Port of Los Angeles project to pioneer clean energy use




A $27m project at the Port of Los Angeles will integrate a number of electric vehicles and cargo handling equipment into terminal operations while also featuring a 1MW rooftop solar installation, backed by battery storage with 2.6MWh of capacity.
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ABB helps Vietnam control power grids

Vietnamese power company Central Power Corporation is introducing scada and distribution management system software to Pleiku and Tam Ky in central Vietnam to help improve power supplies for the approximately 250,000 inhabitants of these cities.
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NextEra to acquire Energy Future Holdings

NextEra Energy is to acquire Energy Future Holdings, including its 80 per cent interest in Oncor Electric Delivery, which implies a total enterprise value of $18.4bn. The agreement will be filed publicly as part of the restructuring of EFH before the US bankruptcy court.
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Sagemcom leads smart meter roll out in Styria

An Austrian distribution system consortium is deploying smart metering in Styria in the south-east of the country using technology from French IoT company Sagemcom.
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Chinese smart microgrid provides combined heat and power

A Chinese microgrid project in Beijing will be anchored by a natural gas-fuelled microturbine from Capstone Turbine that will be installed in a combined cooling, heat and power application for a multi-energy smart microgrid.
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NSF funds Penn State engineer to design smart power grids

An assistant professor at Pennsylvania Sate University has received $235,852 from the National Science Foundation to design smart power grids that factor in uncertainty in energy demand and renewable energy production.
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